$GTC ($GTCUSDT)
What stands out most in this chart is how Open Interest is rising strongly alongside the price, which shows a +29.47% gain. However, the funding rate is at a strongly negative level (-0.482984%).
This tells me there are many short positions under pressure and trapped. When the market behaves like this, I usually wait to see how price reacts in key zones to look for a possible liquidity sweep before making decisions.
What do you think about the behavior of the shorts in $GTC ?
Leave it in the comments!
If you like this no-filter metric breakdown, support us with a "Like", share this analysis with other traders, and follow me so you don’t miss the daily updates on Binance Square.
Let’s hunt liquidity together!
#GTC #BinanceSquare #CryptoTrading #TechnicalAnalysis #FuturesTrading
What stands out most in this chart is how Open Interest is rising strongly alongside the price, which shows a +29.47% gain. However, the funding rate is at a strongly negative level (-0.482984%).
This tells me there are many short positions under pressure and trapped. When the market behaves like this, I usually wait to see how price reacts in key zones to look for a possible liquidity sweep before making decisions.
What do you think about the behavior of the shorts in $GTC ?
Leave it in the comments!
If you like this no-filter metric breakdown, support us with a "Like", share this analysis with other traders, and follow me so you don’t miss the daily updates on Binance Square.
Let’s hunt liquidity together!
#GTC #BinanceSquare #CryptoTrading #TechnicalAnalysis #FuturesTrading
